Mohamed Elsergany has left his role as Managing Director atPU Prime after nearly four years with the forex and CFD broker. The Dubai-basedexecutive announced his decision on Monday, saying it was “time for the nextmove.”Elsergany Confirms Exit“After almost 4 years at PU Prime, I’ve decided to resign. Somedecisions take time. Some decisions require clarity. Growth sometimes meanswalking away,” Elsergany wrote in his LinkedIn post.Elsergany joined PU Prime in 2021 as Managing Director forthe MENA region before leading the company’s broader operations. Before that,he held senior positions at OnePro, Tickmill, Swissquote, MIG Bank, Forex.com,and BMFN Prime. With more than 12 years of experience in business developmentand client operations across the trading industry, he is regarded as one of thenotable MENA-based executives in the brokerage sector.Read more: Mohammed Younis Becomes Noor Capital’s Brokerage CEOLast month, PU Prime became the latest CFDs broker to secure a Category 5 license in Dubai from the UAE’s Capital Market Authority (CMA),formerly the Securities & Commodities Authority. The authorization allowsthe broker to introduce and promote CFD products offered by its offshoreentities to clients in the UAE.PU Prime Adds UAE LicenseThe broker already operates under licenses in Mauritius,Seychelles, South Africa and Australia, the latter obtained through theacquisition of Admirals’ local business last year. Its entry into the UAEaligns with a broader trend of CFD brokers targeting Dubai as a regional hub,drawn by rising client demand and a clearer regulatory framework. In another recent leadership changes in the region’sbrokerage space, Mohammed Younis became the CEO of Noor Capital’sbrokerage division, marking the latest chief executive change at a Dubai-linkedforex and CFDs broker. He stepped into the role after serving about nine monthsas Acting CEO of the unit.The Abu Dhabi- and Dubai-headquartered firm, established in2005, is licensed by the UAE Securities and Commodities Authority, now theCapital Market Authority, and offers retail trading in forex, commodities,indices, metals and share CFDs.This article was written by Jared Kirui at www.financemagnates.com.